Wednesday, 26 February 2014

Nothing speaks more eloquently about this culture of impunity than the
CBN under Lamido Sanusi. Sanusi’s posture as CBN Governor is an insult
to Nigerians. He ran the place as a personal estate. He flouted every
financial regulation.

He gave away government money in a flagrant manner that would give pause
to even billionaire Mike Adenuga. And then when he knew the game was
up, he decided to blow the lid on NNPC financial indiscretions, in order
to distract attention and attract public support and sympathy.
Nigerians should not fall for this “mago-mago.” Lamido Sanusi should not
only be sacked, he should be tried and, if convicted, should be jailed.

The last thing a country needs is a CBN governor who talks frivolously.
The word of a CBN governor has implications for financial market
volatility; therefore he must mark his words. He must speak with
confidence

"The Minister of Finance and Coordinating Minister for the Economy Dr.
Ngozi Okonjo-Iweala has asked for urgent action with regard to an
independent forensic audit of conflicting claims of unaccounted funds
made by the Nigerian National Petroleum Corporation (NNPC) and suspended
Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamdio
Sanusi".

And here is a direct statement from Dr Okonjo-Iweala, the finance minister:

I don't seems to know where this country is going, because how can such amount of money be missing when is not a needle. But all the same this cartoon is funny any way and i think the person falling is Sanusi the former CBN Governor and the people under the rock/road are the looter.

Monday, 24 February 2014

The Speaker of the House of Representatives, Aminu Tambuwal, said on
Sunday that the suspension of Mallam Lamido Sanusi as the governor of
the Central Bank of Nigeria could hurt the nation’s economy.

“On the implications for the economy; I’m not an economist but I
personally feel that it will definitely send wrong signals to
investors. This is because you need to have confidence in the financial
institutions, particularly the independence of the financial
institutions of a country, before investors will consider such a
country worthy of their investments.

Also on Sunday, the Serving Overseer of The Latter Rain Assembly,
Lagos, Pastor Tunde Bakare, said that the suspension of Sansusi
would have negative implications for the nation.

After the suspension of the former CBN Governor Lamido Sanusi last week, a lot of comments from the people and also some documents have started coming out showing some reason that lead to his suspension and which can also lead to his arrest soon.

Below are some of the documents that proof the fraud committed by the former CBN Governor.......

Friday, 21 February 2014

I have no regrets; I have no ill-feelings and with no sadness. I’m happy; I’m proud of what I have done.”

These were the words of Lamido Sanusi
as he reacted to his suspension as the Central Bank of Nigeria governor
by President Goodluck Jonathan on Thursday.

Although it was learnt that he might
challenge his suspension in court, Sanusi reminded the Jonathan
administration: “You can suspend an individual but you can’t suspend the
truth.”

Sanusi, who added that his suspension did not bother him, said his “biggest concern is for the system .”

He was attending a meeting of the West
African Central Bank Governors in Niamey, Niger Republic when the
Special Adviser to the President on Media and Publicity, Dr. Reuben
Abati, announced his suspension.

Abati, in a statement in Abuja, said
Jonathan took the decision because Sanusi’s tenure had been
characterised by acts of financial recklessness and misconduct.

Abati’s statement reads, “Having taken special notice of reports of the
Financial Reporting Council of Nigeria and other investigating bodies,
which indicate clearly that Mallam Sanusi’s tenure has been
characterised by various acts of financial recklessness and misconduct
which are inconsistent with the administration’s vision of a central
bank propelled by the core values of focused economic management,
prudence, transparency and financial discipline;

Not much is known about the Group Managing Director/Chief Executive
Officer, Zenith Bank Plc, Mr. Godwin Emefiele, who has been nominated by
President Goodluck Jonathan to succeed Mr. Lamido Sanusi as the
Governor of the Central Bank of Nigeria in June.

Emefiele is an economic and finance professional with experience in
banking and academics. His calm demeanour bodes well for the role of an
economic manager and bank regulator, according to analysts.

The House of Representatives on Thursday had a rowdy session over the
suspension of the Governor of the Central Bank of Nigeria, Sanusi
Lamido Sanusi, by President Goodluck Jonathan, the News Agency of Nigeria reports.

Debate on the suspension of the CBN governor started when the Minority
Whip of the House, Samson Osagie (APC-Edo), raised a point of order on
the suspension of Sanusi.

Tuesday, 18 February 2014

Following the Federal Government’s move
to better the education sector and improve funding for universities as
pressed for by the Academic Staff Union of Universities (ASUU) in 2013,
it yesterday gave letters of allocation of the N200bn intervention fund
for the public universities.

Supervising Minister of Education Nyesom
Wike, while presenting the letters at a meeting with vice chancellors
in Abuja, said the Federal Government was committed to improving
university education.

Borno State Governor Kashim Shettima on Monday lamented the terror
attacks on communities in the North-East and declared that Boko Haram
members were better armed and motivated than Nigerian troops.

The governor said, “In a nutshell, what we are being confronted with is
that we are in a state of war. It is what I came to update Mr.
President.The sooner we stop playing the ostrich and rise up to the
challenges of the day, and marshall all resources towards neutralising
the antics of Boko Haram, the better for all of us.

Saturday, 15 February 2014

As clock ticks ahead of the 2015 Presidential election, a group under
the umbrella of the Nigeria Mandate, 2015 yesterday advised northern
political leaders to let go the dream of taking over from Goodluck
Jonathan.

The group further urged the region to start grooming a vibrant young presidential candidate for 2019 elections. Speaking with newsmen yesterday, National President of the group, Dr.
Ojona Okongor Eno, boasted that President Goodluck Jonathan will defeat
all his opponents come 2015.

According to him, the north must not waste its energy, as 2015
presidential election has already been concluded in favour of Jonathan,
with the help of God as he would be returned by Nigerian electorates.

What did you think about Eno comment about the 2015 Presidential election?

Friday, 14 February 2014

During an interview with Al-Mustapha by one journalist about his career and how he works with the late General Sani Abacha during his tenure as the president, i notice this area in the interview and i decided to share it with you people because i know Al-Mustapha is referring to one important person in this country and if you too read through you would have notice who he is directing his comment to......

How powerful were you during the reign of the late General Sani Abacha?
Those who offended the system, who also wanted, on the other hand, the
general society to believe them that they were good, particularly after the
death of General Sani Abacha, initiated that propaganda. Those

The formal declaration of Senator Christopher Iyiola Omisore
on Saturday, February 8, 2014, to contest the August 9, governorship election
in Osun State on the platform of Peoples Democratic Party (PDP), no doubt, has
tremendously intensified the tempo of political activity in the state.

The Labour Party (LP) in the state also has an intimidating
aspirant in the person of Alhaji Fatai Akinbade, former Secretary to the State
Government (SSG) under Prince Olagunsoye Oyinlola. Though, Akinbade is a

new
entrant into the party, he joined the fold of the party with huge number of PDP
members who were said

Thursday, 13 February 2014

I came across this funny cartoon online when am reading one of the Nigeria news paper and is so so funny that i decided to share it with people.

Nigeria politics has now turn to another thing and the latest thing in the political arena now is defecting from one political party into another. I keep wondering what is causing those peoples to be defecting from one party into another and many people are sharing there view to the matter.

I will also like you to contribute to this, "What is really causing Defection from one political party to another"?

Wednesday, 12 February 2014

President
Goodluck Jonathan on Wednesday alleged that corrupt Nigerians are the
ones who openly accuse him of not fighting corruption.

Making a veiled reference to the Speaker of the House of
Representatives, Aminu Tambuwal, who recently claimed that his body
language encourages corruption, Jonathan said his critics make such
statements to claim credibility.
The President spoke shortly after swearing in the chairman and
members of the National Population Commission; a member of the
Independent Corrupt Practices and other Related Offences Commission and
two special advisers at the Presidential Villa, Abuja.

“They were dropped, they did not resign,” a cabinet source told our correspondent.
Oduah’s approval for the purchase of two bullet-proof cars for N255m
caused public outrage in the country with many Nigerians calling for her
removal and prosecution.

Tuesday, 11 February 2014

The hope of Senator Bukola Saraki and 10 other Peoples Democratic
Party senators to defect from the PDP to the All Progressives Congress
again failed on Tuesday.

At the resumption of plenary of the Senate on Tuesday in Abuja,
Senate President David Mark, who has been accused of stalling the
reading of the letters of defection of the 11 aggrieved lawmakers, ruled
the legislators out of order.